Acquisition will position DTCC to provide global leadership in bridging best-in-class industry practices with advanced digital technology to encourage adoption of digital assets.

Source: https://mid-east.info/dtcc-signs-definitive-agreement-to-acquire-blockchain-based-financial-technology-firm-securrency-inc-to-drive-development-of-the-digital-post-trade-infrastructure-for-the-global-financial-markets/

This new exchange could guarantee a lower cost structure by eliminating market dealer intermediaries and the outdated DTCC clearing system.

Source: https://seekingalpha.com/article/4636440-three-major-markets-single-fix?source=feed_all_articles

We’re excited to welcome our new colleagues to the DTCC team and to begin collaborating as a group to strengthen market stability and resilience and drive greater efficiencies, productivity, risk mitigation and liquidity in the global financial markets.”

Source: https://mid-east.info/dtcc-signs-definitive-agreement-to-acquire-blockchain-based-financial-technology-firm-securrency-inc-to-drive-development-of-the-digital-post-trade-infrastructure-for-the-global-financial-markets/